The Economic and Financial Crimes Commission, EFCC on Tuesday, September 8, 2020 re-arraigned Malabu Oil & Gas Limited, Aliyu Abubakar and six others before Justice I.E. Ekwo of the Federal High Court sitting in Abuja, on sixty-seven amended charges, bordering on money laundering to the tune of $875,740,000( Eight Hundred and Seventy Five Million, Seven Hundred and Forty Thousand United States Dollars).
The other six defendants are: A Group Construction Company Limited; Rocky Top Resources Limited; Megatech Engineering Limited; Novel Properties and Development Company Limited, Imperial Union Limited and Carlin International Nigeria Limited.
EFCC Counsel, Bala Sanga told the court that he was ready with the amended charges and for the eight defendants to take their pleas.
The defendants pleaded not guilty to all the sixty-seven charges.
Thereafter, Sanga prayed the court to grant a date for commencement of trial. Justice Ekwo adjourned the matter to Thursday, September 10, 2020 for commencement of trial and granted that the defendants continue with their existing bail. “I presume the defendant will continue with their bail”, he said.
